In The United States Taiwan $12 Billion Investment Plan

Taiwan Semiconductor Manufacturing $ 12 billion Investment In Arizona

In The United States On May 14, 2020, Taiwan Semiconductor Manufacturing Corporation (TSMC) announced, that it intends planning to invest $ 12 billion in the state of Arizona in the united states at the starting in 2021, to develop the most cutting-edge five-nanometer semiconductor manufacturing in the world. The TSMC deal is a game changer for the American semiconductor industry, that will boost the United States national security and the united states economic prosperity. The TSMC announcement comes at a turning point when China competes to dominate cutting-edge technology and control key industries Used to be. The TSMC facility in Arizona will enhance the united states economic independence, enhance united states security and competitiveness, and strengthen the united states leadership in high-tech manufacturing. This landmark deal strengthens the united states relationship with Taiwan, which is a vibrant democracy and reinforces the good in the world. With the commitment of TSMC, high-tech chips will be made once again in the united states, this semiconductor industry was invented once again in the united states. These chips will power everything from artificial intelligence to 5G technology base stations to F-35s aircrafts. TSMC's investment will create thousands of high-skilled American jobs and tens of thousands more jobs throughout the supply chain for years to come. The facility will promote the creation of highly efficient sub-industries, known as clusters, that will help ensure American leadership in future technologies. It will also promote state of the art research and development by American universities and companies in the united states. We applaud TSMC Chairman Mark Liu's decision to appoint the world's most skilled employees. We are proud that, along with our colleagues in the United States Department of Commerce, the State Department's economic team led by Under Secretary Keith Crutch has once again proved, that the united states president Trump administration is making America stronger, safer and more prosperous.